U.S. businesses have not all weathered the current COVID-19 storm in the same way. For plenty of big corporations, the pandemic might actually have helped business — particularly those that have focused on remote delivery of goods and services. For countless others, though, the pandemic has been the sort of catastrophe that no CEO can really prepare for. To have the very nature of your business undermined by a crisis like this isn’t something you can plan for, and a number of companies are struggling in an environment where lockdown measures and a slowdown in travel cause huge disruptions in their business models.
So which companies are facing the toughest times? One way to gauge how a corporation is doing is to look at its stock market performance during the pandemic. GOBankingRates analyzed all of the components of the S&P 500 index, sourced from Barchart, and then used Google Finance market data to find the Jan. 2 closing price and Oct. 2 closing price for each component and determine which stocks suffered the greatest losses. Keep reading for a closer look at how far some stocks have fallen during the coronavirus.
Last updated: Oct. 19, 2020
